This assessment has two parts. One Discussion Forum (Part A) and a Risk Management Report (Part B) Part A: Module 4 Discussion Forum Each student will construct a response in approximately 350 words...

This assessment has two parts. One Discussion Forum (Part A) and a Risk Management Report (Part B)


Part A: Module 4 Discussion Forum
Each student will construct a response in approximately 350 words to the following question and post on the Module 4 discussion forum by the first half of the Module.

Each student will also provide constructive feedback in 250 words to at least two fellow students posts by the end of the Module. (approximately 250 words for each feedback/response. Total 500 words)
Module 4 Question: Risk and Diversity
What types of risks might be introduced to a project when teams are culturally or geographical diverse? How could these risks be mitigated? Can Quality Assurance and Control contribute to mitigation of these risks, and if so, how?


Output:
Module 4 discussion - provide an original post by the first half of Module 4. Respond to at least two fellow students’ posts by the end of Module 4.


Part B: Risk Management Report
Create a risk management report for your Case Study from Assessment 1, i.e., before any changes were applied. In your report, include:

1.    Risk identification and assessment
•    Identify and critically analyse the impact of possible risks for the Case Study.
•    Record the risks identified in a Risk Register.
•    Use a risk probability and impact matrix to rate and prioritise the risks.
2.    Risk management and reporting
•    Develop risk response strategies to effectively manage each identified risk in the register.
•    Identify and describe how the stakeholders will be apprised of the project's ongoing risk management activities.
The written portion of your Risk Management Report should consist of 800 words.
For students’ reference, there is an example of a Probability and Impact Matrix in Figure 11-10 of the PMBOK Guide®.


Output:
Complete and submit Part B by the end of module 4.


Learning Resources:
Heldman, K. (2013). PMP Project Management Professional Exam Study Guide (7th ed.). Indianapolis, IN: Wiley.

•    Chapter 6: Risk Planning (Read from ‘Quantifying Risk’ to ‘Summary’)
•    Chapter 11: Controlling Work Results (Read the section on ‘Monitoring and Controlling Risk’)